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EOS, Stellar’s Lumen, and Tron’s TRX


For the day ahead

Stellar’s Lumen would need to move through the $0.07934 pivot to support a run at the first major resistance level at $0.08128.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.081 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to move through the $0.07934 pivot level would bring the first major support level at $0.07644 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07451.

Looking at the Technical Indicators

First Major Support Level: $0.07644

First Major Resistance Level: $0.08128

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slipped by 0.24% on Wednesday. Partially reversing a 1.40% gain from Tuesday, Tron’s TRX ended the day at $0.026948.

It was another mixed start to the day. Tron’s TRX fell to a mid-morning low $0.02657 before making a move.

Finding support at the first major support level at $0.02661, Tron’s TRX rose to a late morning intraday high $0.027437.

Falling short of the first major resistance level at $0.02761, Tron’s TRX slid to an early afternoon intraday low $0.026413.

Tron’s TRX fell through the first major support level at $0.02661 before wrapping up the day at $0.0269 levels.

At the time of writing, Tron’s TRX was up by 0.42% to $0.02706. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02679 before rising to a high $0.02714.

Tron’s TRX left the major support and resistance levels untested early on.



Read More: EOS, Stellar’s Lumen, and Tron’s TRX

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